Nearly 6 percent of energy consumption saved in five years

Vietnam’s volume of energy savings was equivalent to nearly 6 percent of the total energy consumption between 2011 and 2015.
Nearly 6 percent of energy consumption saved in five years ảnh 1Vietnam’s volume of energy savings was equivalent to nearly 6 percent of the total energy consumption between 2011 and 2015 (Source :VNA)

Hanoi (VNA) – Vietnam’s volume of energy savings was equivalent to nearly 6 percent of the total energy consumption between 2011 and 2015, Chairman of the Vietnam Association and Technology in Energy Saving and Efficiency Do Huu Hao said at a conference in Hanoi on November 18.

The saved energy volume was about nearly 12 million tonnes of oil equivalent, he said, adding that the country could save up to 15-20 percent of energy consumption in the future.

The head of the Department of Science and Technology and Energy Efficiency under the Ministry of Industry and Trade’s General Directorate of Energy, Trinh Quoc Vu, said 585 energy-saving projects have been carried out while over 10,000 energy-saving target products were labeled.

More than 700,000 solar water heating systems have been installed nationwide, Around 1 billion kWh of electricity is saved each year, equivalent to 1.6 trillion VND (72 million USD).

Experts cited lack of technological experts and investment capital as major difficulties to build database and promulgate standards and regulations on energy usage in sectors.

Additionally, the mechanism to support businesses to improve technological lines with higher efficiency is limited.

To address the matters, it is necessary to promote energy-saving labeling on products and encourage businesses to implement energy-saving solutions.

Improving the database system on energy consumption and enhancing collection, settlement, and operation capacity are essential to that end.

Vu said the Department of Science and Technology and Energy Efficiency is implementing a Denmark-funded project on low-carbon conversion in energy-saving field.

The project aims to support small and medium sized enterprises to pilot energy saving in brick, pottery and food processing sectors, he added.-VNA

VNA

See more

Shoppers at a supermarket in Hung Yen (Photo: VNA)

Retailers see tax compliance, AI as key to survival in 2026 survey

The annual survey, conducted at the end of 2025 among retail and food and beverage (F&B) sellers nationwide, found that businesses are shifting their focus from rapid growth to operational efficiency, cost control and legal compliance amid increasingly stringent regulatory standards.

Visitors shop at Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026 opens broader prospects for Vietnam–UAE trade cooperation

For Vietnam, the UAE serves not only as a consumer market but also as a gateway to the Middle East and North Africa. Vietnamese agricultural products such as cashew nuts, pepper, cinnamon and rice have steadily gained market share, while aquatic products, including tra fish and tuna, are increasingly present in the UAE’s hospitality sector.

Bao Viet Bank's employee counts Vietnamese banknotes at a transaction counter in Hanoi. (Photo: VNA)

Credit quota reform, tighter capital rules may widen gap among banks

Yuanta Vietnam Securities estimates that to achieve GDP growth above 10%, credit growth would need to exceed 16%. This suggests bank credit is no longer expected to be the main growth driver, with greater reliance on fiscal policy, public investment and capital markets.

Commercial Counsellor Do Viet Phuong, Head of the Vietnam Trade Office in Cambodia. (Photo: VNA)

Spring Fair 2026 offers ample room to deepen Vietnam–Cambodia trade ties

Cambodia holds substantial potential for cooperation in agro-processing and exports, especially in key products such as rice, cashew nuts and rubber. In recent years, the country’s cultivation area and agricultural output have grown steadily, providing a stable raw material base for processing industries.

Vietnam is projected to have approximately 2.4 million SMEs, accounting for over 98% of the country’s total enterprises. (Photo: cafef.vn)

Banks offer diverse solutions to support SMEs

With an increasingly significant role in the economy, the small and medium-sized enterprise (SME) sector is becoming a key segment in the credit growth strategies of many banks and the banks have been taking diverse solutions to support the enterprises.

Workers process coconuts for export at Vina T&T Group. (Photo: nhandan.vn)

Agricultural exports reliant on securing raw material supply

According to Secretary General of the Vietnam Pepper and Spice Association Le Viet Anh, pepper remained Vietnam’s leading spice export in 2025, with shipments exceeding 247,000 tonnes, accounting for 59.3% of total spice export volume. Export revenue reached 1.66 billion USD, out of total spice exports of 2.1 billion USD.

Prime Minister Pham Minh Chinh speaks at the meeting between standing Government members and representatives of ministries, agencies and Phu Tho province (Photo: VNA)

PM orders new Lo river bridge to meet emerging development needs

Stressing both immediate and long-term imperatives, Prime Minister Pham Minh Chinh directed that authorities pursue a dual-track approach: repairing the existing bridge to ensure safety while simultaneously investing in a new structure capable of opening up new socio-economic development space and safeguarding national defence and security.

Online event promotes Vietnamese products in Canada (Photo: VNA)

Online programme promotes Vietnamese products in Canada

Vietnam’s exports to Canada have doubled over the past five years to more than 13 billion USD, reflecting strong cooperation potential, especially as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) continues to take effect.